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Rwanda’s state-of-the-art referral hospital gets financial boost for expansion

Rwanda's biggest referral King Faisal Hospital has got a financial boost from the Eastern and Southern African Trade and Development…

Rwanda’s biggest referral King Faisal Hospital has got a financial boost from the Eastern and Southern African Trade and Development Bank (TDB) to upgrade its outpatient facilities with over USD 14 million in a 6-year primary forfeiting transaction, an
official statement from the bank said Monday.In addition to the new outpatient clinic and doubling of the hospital’s outpatient facilities capacity to 45 consultation rooms, TDB’s financing will support the renovation and construction of the
outpatient block’s education and research centre, day care premium facilities, electric substation, safety ramps, and main entrance and lobby, the statement said.

Additionally, patient flow and experience will be quicker and better, and each specialty clinic will now have a dedicated triage and consultation space, it added.

Commenting on the move, Admassu Tadesse, TDB Group Managing Director and CEO said: “The expansion of King Faisal Hospital will enhance much-needed access in the region to quality healthcare services and support the health and well-being of the Rwandese people.”

According to him, this transaction is an example of TDB’s growing financial support to the health sector in “this more challenging market environment marked by the Covid-19 pandemic.”

Speaking in the sam vein, Prof. Miliard Derbew, King Faisal Hospital Chief Executive Officer said the contribution of the Eastern and Southern African Trade and Development Bank (TDB)  comes at a time when the hospital’s primary focus is to improve patient experience and the
application of cutting-edge medical technology.

“the construction of the education and research block will create an enabling environment for clinicians to develop innovative research projects that address Rwanda and the region’s unique clinical conditions and disease burden,” he said.

This transaction builds on a donation of portable patient monitors to Rwanda made last year as part of the bank’s Covid-19 Emergency Response Programme (CERP) to combat the Covid-19 pandemic in the country.

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